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Question 10 (1.5 points) A company's tax rate is 30% and its interest expense is $60.000. In addition, its cost of goods sold is 60%

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Question 10 (1.5 points) A company's tax rate is 30% and its interest expense is $60.000. In addition, its cost of goods sold is 60% of sales and its depreciation and amortization expenses are $40,000. What must the company's sales be for it to have $200,000 of net income? A) $878,900 B) $1,043,543 C) $722,897 D) $1,103,625 E) $964,286

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